EDITORIAL: Stop believing in Obama - Washington Times
Mr. Obama’s economic record has been about as bad as it could possibly be. In his first budget proposal, he promised the economy would be growing at a brisk 6.3 percent by 2012. Instead, it’s limping along at just over 1 percent. He promised that the federal deficit would be carved down to $581 billion. Instead, it has ballooned beyond $1 trillion. In 2009, he promised that if his budget-busting stimulus plan were passed, unemployment would be around 5.5 percent by now. Instead, the official rate is nearly 8 percent. Poverty has increased; the number of long-term unemployed has increased; there are millions more discouraged workers; food stamp use has surged; gas prices are up and family incomes are down. A second term would be no different.
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